STARCO NORGE AS

2060 GARDERMOEN

Finances

Return on Equity

50,91 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 139 331 000	725 507 000	575 997 000	485 862 000
Net Income	87 842 000	68 225 000	51 045 000	23 472 000
Total Assets	638 208 000	393 788 000	314 411 000	280 410 000
Total Equity	172 560 000	158 182 000	168 630 000	134 526 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 139 331 000	725 507 000	575 997 000	485 862 000
Expenditure	1 028 412 000	637 034 000	509 524 000	453 998 000
Operating Profit	110 919 000	88 473 000	66 473 000	31 864 000
Financial Income	4 899 000	765 000	813 000	1 107 000
Financial Costs	3 726 000	1 460 000	1 726 000	2 728 000
Financial Balance	1 173 000	−695 000	−913 000	−1 621 000
Earnings Before Tax	112 092 000	87 778 000	65 559 000	30 242 000
Tax	24 250 000	19 553 000	14 514 000	6 771 000
Net Income	87 842 000	68 225 000	51 045 000	23 472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 303 000	28 115 000	36 864 000	37 724 000
Total Current Assets	598 906 000	365 673 000	277 547 000	242 686 000
Total Assets	638 208 000	393 788 000	314 411 000	280 410 000
Total Retained Equity	110 184 000	95 806 000	111 798 000	77 694 000
Total Equity	172 560 000	158 182 000	168 630 000	134 526 000
Total Long-Term Debt	751 000	0	48 092 000	65 319 000
Total Current Debt	464 897 000	235 606 000	97 689 000	80 566 000
Total Equity and Debt	638 208 000	393 788 000	314 411 000	280 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 164 792 000	735 382 000	570 950 000	481 699 000
Other Income	−25 461 000	−9 875 000	5 047 000	4 163 000
Revenue	1 139 331 000	725 507 000	575 997 000	485 862 000
Cost of Goods Sold	859 733 000	522 019 000	404 014 000	351 144 000
Salary Costs	76 223 000	58 442 000	55 022 000	51 917 000
Depreciation	7 849 000	6 312 000	5 787 000	5 425 000
Impairment	200 000	0	0	0
Expenditure	1 028 412 000	637 034 000	509 524 000	453 998 000
Operating Profit	110 919 000	88 473 000	66 473 000	31 864 000
Financial Income	4 899 000	765 000	813 000	1 107 000
Financial Costs	3 726 000	1 460 000	1 726 000	2 728 000
Financial Balance	1 173 000	−695 000	−913 000	−1 621 000
Dividends	0	0	0	0
Net Income	87 842 000	68 225 000	51 045 000	23 472 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	1 665 000	3 331 000	4 996 000
Total Intangible Assets	3 214 000	3 602 000	4 956 000	6 452 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 443 000	10 868 000	0	0
Fixtures	0	0	10 643 000	10 007 000
Total Tangible Assets	22 443 000	10 868 000	10 643 000	10 007 000
Total Fiancial Fixed Assets	13 645 000	13 645 000	21 265 000	21 265 000
Total Fixed Assets	39 303 000	28 115 000	36 864 000	37 724 000
Stock	363 095 000	159 431 000	124 890 000	132 328 000
Total Investments	0	0	0	0
Cash, Bank	−14 108 000	123 372 000	9 293 000	3 427 000
Total Current Assets	598 906 000	365 673 000	277 547 000	242 686 000
Total Assets	638 208 000	393 788 000	314 411 000	280 410 000
Total Equity	172 560 000	158 182 000	168 630 000	134 526 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	751 000	0	48 092 000	65 319 000
Creditors	211 687 000	98 046 000	49 527 000	49 103 000
Unpaid Taxes	16 037 000	21 150 000	13 702 000	8 584 000
Dividends	0	0	0	0
Other Current Debt	237 173 000	116 318 000	17 160 000	14 489 000
Total Current Debt	464 897 000	235 606 000	97 689 000	80 566 000
Total Equity and Debt	638 208 000	393 788 000	314 411 000	280 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,91 %	43,13 %	30,27 %	17,45 %
Debt-to-Equity Ratio	0	0	0,29	0,49
Operating Profit Margin	9,74 %	12,19 %	11,54 %	6,56 %
Current Ratio	1,29	1,55	2,84	3,01
Quick Ratio	5,88	4,8	−10,2	−4,69
Equity Ratio	0,27	0,4	0,54	0,48
Gross Profit Margin	24,54 %	28,05 %	29,86 %	27,73 %